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Thursday, January 23, 2014
Qualcomm Acquires Palm, IPAQ and Bitfone Patent Portfolio from HP
Qualcomm has acquired a patent portfolio from Hewlett-Packard, Hewlett-Packard Development Co LP and Palm.
The portfolio includes approximately 1,400 granted patents and pending patent applications from the US and approximately 1,000 granted patents and pending patent applications from other countries.
Qualcomm said that the patents cover technologies that "include fundamental mobile operating system techniques." The acquisition further enhances the strength and diversity of Qualcomm's mobile patent portfolio. The company's profits mainly come from licensing patents for its CDMA cellphone technology and other technology related to mobile devices.
The purchase price was not publicly disclosed.
It's not whether Qualcomm's move might mean for LG's line of new webOS televisions, which use Palm patents. LG bought the rights to webOS from HP in February of last year.
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